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Topic: ⚜️⚜️⚜️⚜️ Edgeless - World‘s First Ethereum Based Crypto Casino ⚜️⚜️⚜️⚜️ - page 216. (Read 391227 times)

sr. member
Activity: 350
Merit: 250
CrowdWiz
Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.


Gnosis $GNO tokens will be available for trading on Poloniex one week after the close of the auction.

https://twitter.com/Poloniex/status/856570173112942593


I think they will also some other ethereum token, like TRST and most probably EDG.

its possible. Everyone dreaming poloniex. Maybe polo will list Edgeless after the blackjack open beta. IMO
legendary
Activity: 1778
Merit: 1043
#Free market
Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.


Gnosis $GNO tokens will be available for trading on Poloniex one week after the close of the auction.

https://twitter.com/Poloniex/status/856570173112942593


I think they will also some other ethereum token, like EDG (I hope) and most probably TRST.
hero member
Activity: 558
Merit: 500
Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.
sr. member
Activity: 532
Merit: 253
Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

50mln tokens are frozen and can't participate in lottery, do you mean these are dev tokens and will never be used for lottery? Can you clarify this

devs said that those 50 mlm of tokens will (probably) be used for casino purposes. so those that will want to play in casino in the future will have to buy edg in the entrance of casino and when they will be done they will cash out profit or rest of the money from edg they will own at the exit

In that case what would be the price of each token sold by Dev? Will it be similar to market price or will it be at ICO price? suppose the price goes down,will they sale at ICO or market...Can I get more information on this?

bear in mind that this was still just a thinking from devs. but they said they want to bring price to 1$ and keep it above stable from there on. but those edg (sold in casino) will not act like tokens on exchange, their use will be more for casino purposes (like chips). so probably when you will buy edg in casino enter and exit price will be 1$ regardless on what will happen with edg tokens on exchanges
legendary
Activity: 1148
Merit: 1000
Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

50mln tokens are frozen and can't participate in lottery, do you mean these are dev tokens and will never be used for lottery? Can you clarify this

devs said that those 50 mlm of tokens will (probably) be used for casino purposes. so those that will want to play in casino in the future will have to buy edg in the entrance of casino and when they will be done they will cash out profit or rest of the money from edg they will own at the exit

In that case what would be the price of each token sold by Dev? Will it be similar to market price or will it be at ICO price? suppose the price goes down,will they sale at ICO or market...Can I get more information on this?
sr. member
Activity: 532
Merit: 253
Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

50mln tokens are frozen and can't participate in lottery, do you mean these are dev tokens and will never be used for lottery? Can you clarify this

devs said that those 50 mlm of tokens will (probably) be used for casino purposes. so those that will want to play in casino in the future will have to buy edg in the entrance of casino and when they will be done they will cash out profit or rest of the money from edg they will own at the exit
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

50mln tokens are frozen and can't participate in lottery, do you mean these are dev tokens and will never be used for lottery? Can you clarify this
He doesn't need to clarify it because he is not the real author of it, but honestly it was my basis also that EDG will be more
in demand in the future. That analysis is fairly done and if we can achieve a major progress, we will receive income forever from a lottery.
legendary
Activity: 945
Merit: 1003
Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

50mln tokens are frozen and can't participate in lottery, do you mean these are dev tokens and will never be used for lottery? Can you clarify this
sr. member
Activity: 279
Merit: 250
Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

Analysis makes sense, it is very possible to have a bright future if we have a large group of gamblers. No doubt gambling in smart contract is the future of betting.
sr. member
Activity: 249
Merit: 250
Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.
sr. member
Activity: 333
Merit: 251
Karma is a Btc
Any news on 80% distribution? It looks like Poloniex is making game to add EDG?  Grin

Somebody buy cheap EDG's in Bittrex without alerting volume. They accumulate cheap coins, it may be a preparation for Polo. Who knows?
I don't want to sell my EDG's so cheap, I want to buy more when price is down.

Sorry, I dont want to fud, seems a good project. I would buy also with ICO. But the earlier buyers had discount and ETH was around $20 at the time. 1 ETH for 1100 EDG = 0.018 USD

The EDG price today at bittrex is 0.095 USD

So its not that cheap you know Smiley
legendary
Activity: 1188
Merit: 1001
the only way to buy cheap coin now is trading at the right time with a lot of free time on your hands
or a bot that know how is done.

Any news on 80% distribution? It looks like Poloniex is making game to add EDG?  Grin

Somebody buy cheap EDG's in Bittrex without alerting volume. They accumulate cheap coins, it may be a preparation for Polo. Who knows?
I don't want to sell my EDG's so cheap, I want to buy more when price is down.

cheap EDG is at ico price of even less than ICO.. why do you think that buying 700% more than you could buy one month ago is a "cheap price" lol?
sr. member
Activity: 249
Merit: 250
What is EDG coin? Is it going to be used in online gabling? If so how it is different from competitors?

That's token - share in EDGELESS project itself. Basically it's like real shares of companies. So your token price will increase as long as company (edgeless) is making money, plus it increases due it's nature of being money making token - people interest will drive the price.

There is new trend, companies (projects) are doing crowdsales of their shares before business is started. Then they go into market - on exchanges. Like public trading.

Crowdsale is just like kickstarter.com, only in crypto world you get shares of company , not just some random perks.

I hope this explains a lot. Smiley

 I know it`s a token  LOL

how is it different from competitors. There are several coins used in gambling. Does EDG offer something unique?

Most of the differences are listed in the FAQ.  Transparent random number generation to prove the casino isn't cheating, and 0% (edgeless) house edge for certain games like blackjack.

https://medium.com/edgeless/ultimate-edgeless-faq-22081ae768aa

sr. member
Activity: 378
Merit: 250
Any news on 80% distribution? It looks like Poloniex is making game to add EDG?  Grin

Somebody buy cheap EDG's in Bittrex without alerting volume. They accumulate cheap coins, it may be a preparation for Polo. Who knows?
I don't want to sell my EDG's so cheap, I want to buy more when price is down.

cheap EDG is at ico price of even less than ICO.. why do you think that buying 700% more than you could buy one month ago is a "cheap price" lol?
hero member
Activity: 647
Merit: 500
The Operating System for DAOs
Any news on 80% distribution? It looks like Poloniex is making game to add EDG?  Grin

Somebody buy cheap EDG's in Bittrex without alerting volume. They accumulate cheap coins, it may be a preparation for Polo. Who knows?
I don't want to sell my EDG's so cheap, I want to buy more when price is down.
sr. member
Activity: 322
Merit: 250
What is EDG coin? Is it going to be used in online gabling? If so how it is different from competitors?

That's token - share in EDGELESS project itself. Basically it's like real shares of companies. So your token price will increase as long as company (edgeless) is making money, plus it increases due it's nature of being money making token - people interest will drive the price.

There is new trend, companies (projects) are doing crowdsales of their shares before business is started. Then they go into market - on exchanges. Like public trading.

Crowdsale is just like kickstarter.com, only in crypto world you get shares of company , not just some random perks.

I hope this explains a lot. Smiley

 I know it`s a token  LOL

how is it different from competitors. There are several coins used in gambling. Does EDG offer something unique?
legendary
Activity: 1276
Merit: 1001
there are a lot of Bounty Hunters here.  will be see a lot more sales if it is in the poloniex's list.

you must be careful. news, volumes, needs to follow the movements.  Undecided
sr. member
Activity: 490
Merit: 262
The World’s First Blockchain Core
Many people still didn't get paid for their participation in bounty campaigns. This current decrease of market capitalization can be viewed under the explanation of whales manipulation plus correction and accumulation. EDG is still running beta of Blckjack and before hitting Bittrex tokens were sold at extremely lower prices.

I see that It's normal. They also need to optimize their profit when They bought EDG with very cheap price at 0.00005x-0.00006xbtc .
Therefore this fact is easy to understand but this is a good chance to cover EDG tokens once this official platform is released or listed on Poloniex exchange. Do you think EDG will pass over 15000sats in next month.?
legendary
Activity: 1232
Merit: 1002
Anyone can help me?
I import my wallet but i still can't play


how I can play?
sr. member
Activity: 297
Merit: 250
Many people still didn't get paid for their participation in bounty campaigns. This current decrease of market capitalization can be viewed under the explanation of whales manipulation plus correction and accumulation. EDG is still running beta of Blckjack and before hitting Bittrex tokens were sold at extremely lower prices.

It is time to buy more EDG cuz the current price is too low, buy now to grab more profits. It will be pumping very soon.
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